Republic First Bancorp announced that two vice presidents of commercial and industrial lending, Matt Skilton and Matt Moresco, have been promoted to team leaders. This newly created role will support the bank’s overall growth strategy for its loan portfolio and retail deposit base and ensures the continued development and synergy between these two dynamic business lines.

“It’s a pleasure to recognize and reward Matt Skilton and Matt Moresco for their excellent work and tireless dedication to consistently exceeding customer expectations,” said Harry Madonna, chairman and CEO of Republic Bank. “They embody Republic Bank’s customer-centric philosophy and are helping to power our rapid expansion into more communities across Philadelphia and southern New Jersey. The new team leader position, which allows for the seamless integration of our lending and retail teams, is a testament to the many opportunities for professional growth and advancement at Republic Bank.”

Matt Skilton joined the Republic Bank commercial and industrial lending team in March 2009. With nearly a decade of experience at Commerce Bank and TD Bank, Skilton’s deep knowledge of the region and the Republic Bank model allowed him to achieve immediate success in his position. He has continued to build upon that success and will now utilize his banking and financial industry expertise to lead a team of lenders and partner with Center City and Northeast Philadelphia store managers to further support the bank’s growth plan. In 2015, Skilton was honored by SmartCEO Philadelphia as a Money Manager Award nominee.

Since June 2013, Matt Moresco has played an important role for Republic Bank’s commercial and industrial lending team. Prior to joining Republic Bank, he spent 17 years at Commerce Bank and TD Bank. Moresco’s progressive skills and his ability to develop strong relationships with Customers help to develop the Republic Bank brand and achieve regional expansion goals. He will now lead suburban Pennsylvania lenders and store managers to grow the bank’s presence throughout the region.